CEO Of Marchex: We Don’t Believe The New TLDs Are A Significant Factor In Value of .Com’s

In the Marchex (MCHX) earnings call today a question was asked about how the new gTLD’s will effect .com’s values specifically those domains held by Marchex. and how the continued movement of consumers to smart phones will also effect the values. Here is the question which was asked by Andre Sequin of RBC Capital Markets, LLC, Research Division: “In terms of the value of the domain portfolio, how do you think the introduction of the new gTLDs, which will be happening here in the next 2 months, will impact the value of the domains you hold? And then coming at it from a slightly different angle, does the shift to a more mobile world and a broader use of smartphones have any impact on the value”? Here is the answer by Russell C. Horowitz , Founder, Chairman, Chief Executive Officer and Treasurer of Marchex “We’ve done exhaustive due diligence as part of our process with Arche...